Principles of Real Estate Final Exam
Questions with Answers
Anything that is fastened or attached to real property permanently is considered to be: -
✔✔Real Property
A quitclaim deed releases all present claims, rights and title of the: - ✔✔Grantor
When a creditor wants to satisfy a judgement which was levied against another person, the
creditor would: - ✔✔Obtain a writ of execution
Before a mechanics lien is effective it must be: - ✔✔Verified and recorded
Discrimination by a real estate licensee based on race is: - ✔✔A violation of the regulations of
the Real Estate Commissioner, against public policy, and unethical
Upon the signing of a real property sales contract: - ✔✔An equitable title passes to purchaser
All California Real Estate Laws are created by: - ✔✔Acts of the legislature
The 36 sections in a township are numbered from 1 through 36. Section 1 is located in the: -
✔✔Northeast corner
Which of the following would be a discriminatory act under the Commissioner's Regulations? -
✔✔Posting a sign on the property indicating a preference for female renters, designing an ad
for general circulation appealing to persons of a specific religion to purchase within a given
area, and refusing to list a property in an area occupied by persons of a race other than the
licensee.
, The type of interest usually charged on home loans is: - ✔✔Simple
A landowner is notified by a railroad company that it plans to cross his property with a railroad
line. If the landowner refuses, the railroad company can proceed by the use of: - ✔✔Eminent
domain
Title to real property that is transferred by a will is considered: - ✔✔A devise
A real estate broker received 40 acres of land valued at $300 per acre as a commission from the
seller. Two weeks after escrow closed, the broker was offered $400 per acre for the land. If the
broker accepts the offer he: - ✔✔Will be acting in an acceptable manner
The words "procuring cause" would have an important meaning to which of the following? -
✔✔A disputed over commission on an open listing
Which of the following is not an essential element of a contract? - ✔✔Performance
Under the Street Improvement Act of 1911, the city is authorized to assess each owner for the
work completed. These improvements are assessed on the basis of: - ✔✔Front footage
The real estate tax fiscal year is for the period: - ✔✔July 1 to July 1
The landmark case of the United States Supreme Court which prohibited discrimination in
housing was: - ✔✔Jones vs. Mayer
Most real estate syndicates that have been created in California have taken the form of a: -
✔✔Limited partnership
Questions with Answers
Anything that is fastened or attached to real property permanently is considered to be: -
✔✔Real Property
A quitclaim deed releases all present claims, rights and title of the: - ✔✔Grantor
When a creditor wants to satisfy a judgement which was levied against another person, the
creditor would: - ✔✔Obtain a writ of execution
Before a mechanics lien is effective it must be: - ✔✔Verified and recorded
Discrimination by a real estate licensee based on race is: - ✔✔A violation of the regulations of
the Real Estate Commissioner, against public policy, and unethical
Upon the signing of a real property sales contract: - ✔✔An equitable title passes to purchaser
All California Real Estate Laws are created by: - ✔✔Acts of the legislature
The 36 sections in a township are numbered from 1 through 36. Section 1 is located in the: -
✔✔Northeast corner
Which of the following would be a discriminatory act under the Commissioner's Regulations? -
✔✔Posting a sign on the property indicating a preference for female renters, designing an ad
for general circulation appealing to persons of a specific religion to purchase within a given
area, and refusing to list a property in an area occupied by persons of a race other than the
licensee.
, The type of interest usually charged on home loans is: - ✔✔Simple
A landowner is notified by a railroad company that it plans to cross his property with a railroad
line. If the landowner refuses, the railroad company can proceed by the use of: - ✔✔Eminent
domain
Title to real property that is transferred by a will is considered: - ✔✔A devise
A real estate broker received 40 acres of land valued at $300 per acre as a commission from the
seller. Two weeks after escrow closed, the broker was offered $400 per acre for the land. If the
broker accepts the offer he: - ✔✔Will be acting in an acceptable manner
The words "procuring cause" would have an important meaning to which of the following? -
✔✔A disputed over commission on an open listing
Which of the following is not an essential element of a contract? - ✔✔Performance
Under the Street Improvement Act of 1911, the city is authorized to assess each owner for the
work completed. These improvements are assessed on the basis of: - ✔✔Front footage
The real estate tax fiscal year is for the period: - ✔✔July 1 to July 1
The landmark case of the United States Supreme Court which prohibited discrimination in
housing was: - ✔✔Jones vs. Mayer
Most real estate syndicates that have been created in California have taken the form of a: -
✔✔Limited partnership
